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20121222
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FOX News
Dec 30, 2012 3:00pm PST
the deficit. another statistics that will break your eyes. if we raised everybody's income tax by 50%, we'd likely only cut the deficit in half. that should explain to everyone why it is imperative we finally do something about rapidly escalating entitlement cost but the president refuses to come to the table. nothing is fixed in my mind more than speaker boehner saying i've offered you 800 billion in additional revenue. what do i get in return? and the president said nothing. you also counted he won the election. i have got news, whether he won the election or not,let stats about the budget are neutral and nonpartisan and mr. boehner's republicans won an election too. he was elected president, not prime minister. he can't dictate to the house the way he would in england. >> as we look forward here, i heard you mention the debt commission and that's come up a couple times, that we've been down this road before with congress kind of bringing us to the brink but they always do a back deal. that has a longer lasting effect on the economy because every time we go through this, the market
FOX News
Dec 29, 2012 4:00pm PST
that? >> that's always the hardest part. back to the 1980s when the deficits have started to explode, there have been four or five pieces of legislation over the past 30 years dating back to hollings that was the first sequester. the republicans in the house of representatives, they feel they were elected in 2010 to come here and cut spending. dealing with the tax increases, that's a smaller piece. and that seems to be the focus of these talks right now. getting everybody's hands wrapped around the spending component which again the super committee was supposed to take care of last year, they failed. the budget control act, other provisions, all of these things have failed because nobody wants to give. and that's why it is going to be tough to get this through the house of representatives because these republicans are locked in. they say, look, we have cut some spending here this past year. but it was not cut enough. it was not cut deeply enough. they say hold on, we have already cut. that's the longer heads. getting this through the house will be an uphill climb. >> and stat
FOX News
Dec 21, 2012 4:00pm PST
christmas. that's a big problem. and then he says come back and do spending cuts and deficit reduction in the new year. he is telling lawmakers take a few days off. relax over the holidays and maybe we'll all come together. take a listen. >> sing some christmas carols, enjoy the company of loved ones. and then i would ask every member of congress while they are back home to think about that think about the obligations we have to the people who sent us here. think about the hardship that so many americans will endure if congress does nothing at all. >> now, i can hear the helicopters warming up there on the other side of the white house from where i am on the south lawn. the president will be heading to andrew's air force base in a moment. is he going to hawaii tonight. on his way out the door told us "see you next week." which means he will be coming back after christmas before new years to try to work this out with lawmakers. he also suggested maybe they have eggnog over the holiday. maybe he thinks that will grease the skids. >> harris: eat cookies and sing carols for the rest of us acr
Search Results 0 to 2 of about 3